Aptos (APT) Price Shoots 12% As TVL Hits $920M New All-Time High

Quick Summary:

Aptos price has made headlines with a significant 12% price surge, driven by a spike in staking activity on the MEXC exchange.

The prominent Layer-1 blockchain has caught the attention of investors as this recent increase has pushed it above crucial resistance levels on its daily chart.

Staking allows investors to earn rewards by locking up their tokens, which reduces the circulating supply and can drive up the price.

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Article Details

Author / Journalist: Evans Karanja

Category: Crypto

Markets: India

Topics: Price Analysis Aptos Price Prediction Aptos Price

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-22 @ 07:09:09 (6 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 611 words

Reading Time: 4 minutes read

Sentences: 45 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23195338

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 20 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

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